Skipper Ltd Allots 92.23 Lakh Shares, Raises ₹433.5 Cr

Skipper Ltd has approved the allotment of 92,23,402 equity shares at an issue price of ₹470 per share, including a premium of ₹469. This preferential allotment, approved by the Board and Members, raises a total of ₹4,33,49,98,940. The company received in-principle approval from BSE and NSE for this transaction. The allotment increases the company's issued, subscribed, and paid-up equity share capital. Skipper Ltd will apply to the stock exchanges for listing and trading approval of these new shares.